Budget 2024 | Here're the top expectations on the tax front — Income Tax and GST
While major announcements may hold off until after the 2024 general elections, the upcoming Interim Union Budget presents an opportunity to address lingering concerns and set the stage for future economic growth.
It is most likely that this Budget would prioritise fiscal discipline and avoid populist measures. However, there is optimism for potential relief in the realm of personal income tax, particularly in the New Tax Regime.
Before that let’s understand what happened in the Budget 2023 in this front:
